GE Oil & Gas has signed an agreement with TAG (Trans Austria Gasleitung) GmbH, a pipeline operator with stations across Austria, to install its new Tuning Maintenance Software (TUMAS) across TAG’s fleet of 16 PGT25 gas turbines. This is the first time this solution has been
rolled out
across...

A debate in Congress is taking place over whether to restore a ‘Buy America’ provision in the Water Resources Development Act (WRDA) before a final version is voted on. The
‘Buy America’ rule
already passed in the Senate version of the bill. It was then pulled from the compromi...

In October, 2016, The Pipeline and Hazardous Materials Safety Administration (PHMSA) announced a final rule that expands safety requirements for excess flow valves (EFVs) to multi-residential and commercial applications. That version of the rule covered the installation of EFVs in new or replaced se...

National Association for Business Economics’ (NABE) December 2016 Outlook Survey forecasts 2.2% growth in real GDP for 2017. The annualized growth rate forecasted for 2017 inched downward to 2.2% in the current survey from 2.3% in September. Both
projections
illustrate the panel’s expectat...

New orders for manufactured goods in October, up four consecutive months, increased $12.5 billion or 2.7% to $469.4 billion, the U.S. Department of Commerce
reports
. This followed a 0.6% September increase.

New orders for manufactured durable goods in October, up four consecutive months, increased $10...

Though some American firms are bringing overseas work back home, evidence is growing that companies are moving more jobs than ever to China and other countries - a trend that could exacerbate efforts to bring down the nation's stubbornly high unemployment rate.

One sign of increased offshoring is the rising number of applications for federal Trade Adjustment Assistance, which usually goes to factory workers who lost their jobs because their work was sent overseas or was undercut by cheaper imports.